A false positive indicates: a. higher probability of a material misstatement. b. further testing is required. c.

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A false positive indicates:

a. higher probability of a material misstatement.

b. further testing is required.

c. an item was incorrectly identified as notable.

d. an item was correctly identified as notable but does not require further testing.

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Auditing A Practical Approach

ISBN: 9781119709497

4th Canadian Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Feb 27, 2024 03:11 AM

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A false positive indicates: a. higher probability of a material misstatement. b. further testing is required. c.

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c an item was incorrectly identified as notable Explanation A false positive occurs when a test or p...View the full answer

Auditing A Practical Approach

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